HF Advisory Group LLC Purchases 1,068 Shares of iShares U.S. Financials ETF (NYSEARCA:IYF)

HF Advisory Group LLC increased its position in iShares U.S. Financials ETF (NYSEARCA:IYF) by 19.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 6,593 shares of the company’s stock after acquiring an additional 1,068 shares during the quarter. HF Advisory Group LLC’s holdings in iShares U.S. Financials ETF were worth $685,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IYF. The Manufacturers Life Insurance Company purchased a new stake in shares of iShares U.S. Financials ETF during the second quarter worth $56,608,000. LPL Financial LLC lifted its holdings in iShares U.S. Financials ETF by 21.0% during the 2nd quarter. LPL Financial LLC now owns 475,892 shares of the company’s stock worth $45,005,000 after purchasing an additional 82,599 shares in the last quarter. Wulff Hansen & CO. boosted its stake in iShares U.S. Financials ETF by 9,357.0% in the 2nd quarter. Wulff Hansen & CO. now owns 262,432 shares of the company’s stock worth $24,818,000 after purchasing an additional 259,657 shares during the period. Magnus Financial Group LLC grew its holdings in iShares U.S. Financials ETF by 2.6% during the 3rd quarter. Magnus Financial Group LLC now owns 188,646 shares of the company’s stock valued at $19,600,000 after buying an additional 4,826 shares in the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of iShares U.S. Financials ETF by 133.1% during the first quarter. Osaic Holdings Inc. now owns 186,794 shares of the company’s stock valued at $17,879,000 after buying an additional 106,650 shares during the period.

iShares U.S. Financials ETF Trading Up 1.2 %

Shares of iShares U.S. Financials ETF stock opened at $107.18 on Wednesday. The company’s 50-day moving average price is $104.98 and its 200-day moving average price is $99.27. The company has a market cap of $2.97 billion, a price-to-earnings ratio of 16.14 and a beta of 0.84. iShares U.S. Financials ETF has a 12-month low of $75.12 and a 12-month high of $110.10.

iShares U.S. Financials ETF Profile

iShares U.S. Financials ETF, formerly iShares Dow Jones U.S. Financial Sector Index Fund, seeks investment results that correspond generally to the price and yield performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial sector of the United States equity market, and includes companies in industry groups, such as banks, non-life insurance, life insurance, real estate and general finance.